ViewRay Inc. (VRAY) had a rough trading day for Wednesday October 16 as shares tumbled 11.19%, or a loss of $-0.32 per share, to close at $2.54. After opening the day at $2.84, shares of ViewRay Inc. traded as high as $2.90 and as low as $2.46. Volume was 2.76 million shares over 11,114 trades, against an average daily volume of n/a shares and a total float of 98.48 million.
As a result of the decline, ViewRay Inc. now has a market cap of $250.14 million. In the last year, shares of ViewRay Inc. have traded between a range of $10.02 and $2.12, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
ViewRay Inc is a radiation therapy and imaging technology company. It designs, manufactures and markets radiation therapy systems which provide real-time imaging during radiation treatment. Its product portfolio encompasses The MRIdian linac system, The MRIdian system, Monte Carlo treatment planning system etc. The company holds license for its combination of MRi and radiation therapy technologies.
ViewRay Inc. is based out of Oakwood Village, OH and has some 221 employees. Its CEO is Scott W. Drake.
ViewRay Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
